Figure Technology Solutions, Inc. (FGRS) — SEC Filings
Figure Technology Solutions, Inc. (FGRS) — 10 SEC filings. Latest: S-1 (Nov 17, 2025). Includes 5 S-1/A, 2 S-1, 2 8-K.
View Figure Technology Solutions, Inc. on SEC EDGAR
Overview
Figure Technology Solutions, Inc. (FGRS) is a publicly traded company tracked on ReadTheFiling. The most recent enriched filing is a S-1 filed on Nov 17, 2025: Figure Technology Solutions, Inc. (FGRS) is leveraging blockchain technology to revolutionize capital markets, focusing on consumer credit and digital assets. The company reported significant financial growth, with net income reaching $119 million and Adjusted EBITDA at $170 million for the nine mon
Sentiment Summary
Across 10 filings, the sentiment breakdown is: 2 bullish, 4 neutral, 4 mixed. The dominant filing sentiment for Figure Technology Solutions, Inc. is neutral.
Filing Type Overview
Figure Technology Solutions, Inc. (FGRS) has filed 2 S-1, 1 10-Q, 2 8-K, 5 S-1/A with the SEC between Aug 2025 to Nov 2025.
Recent SEC Filings (10)
| Date | Form | Description | Risk |
|---|---|---|---|
| Nov 17, 2025 | S-1 | Figure Tech Posts $119M Net Income, Eyes Blockchain Stock Offering | medium |
| Nov 13, 2025 | 10-Q | Figure Tech's Q3 Net Income Soars 227% on Strong Revenue Growth | high |
| Nov 13, 2025 | 8-K | 8-K Filing | |
| Sep 12, 2025 | 8-K | Figure Technology Solutions Files 8-K | low |
| Sep 10, 2025 | S-1/A | Figure Tech Targets $20-$22 IPO, Blockchain to Disrupt Lending | high |
| Sep 9, 2025 | S-1/A | Figure Tech IPO Targets $20-$22, Blockchain-Powered Lending Profitable | high |
| Sep 8, 2025 | S-1/A | Figure Tech IPO Targets $18-$20, Blockchain Powers Profit Growth | high |
| Sep 2, 2025 | S-1/A | Figure Tech Targets $20 IPO, Blockchain-Powered Lending Soars | high |
| Aug 25, 2025 | S-1/A | Figure Tech Solutions Nears IPO with S-1/A Filing | medium |
| Aug 18, 2025 | S-1 | FT Intermediate Files S-1 to Become Figure Technology Solutions | medium |
Risk Profile
Risk Assessment: Of FGRS's 9 recent filings, 5 were flagged as high-risk, 3 as medium-risk, and 1 as low-risk. The overall risk profile suggests elevated risk that warrants close monitoring.
Financial Highlights
| Metric | Value |
|---|---|
| Revenue | $156.37M |
| Net Income | $89.58M |
| EPS | $0.42 |
| Debt-to-Equity | 0.83 |
| Cash Position | $1.10B |
| Total Assets | $2.16B |
| Total Debt | $466.75M |
Key Executives
- Michael Tannenbaum
- Ronald Chillemi
- Michael Cagney
- Macrina Kgil
Industry Context
Figure Technology Solutions operates at the intersection of traditional finance and blockchain innovation, specifically targeting consumer credit and digital asset markets. The company competes with established financial institutions in areas like home equity lending, while also vying for market share in the rapidly evolving tokenized asset space, particularly private credit. Key industry trends include the increasing adoption of blockchain for financial transactions, the drive for greater efficiency and lower costs in lending, and the growing interest in digital assets and tokenization of real-world assets.
Top Tags
Fintech (7) · Blockchain (6) · Digital Assets (6) · IPO (6) · Lending (3) · Controlled Company (3) · S-1/A (2) · Emerging Growth Company (2) · Provenance Blockchain (2) · S-1 Filing (1)
Key Numbers
| Metric | Value | Context |
|---|---|---|
| Net Income | $119 million | For the nine months ended September 30, 2025, demonstrating significant profitability. |
| Adjusted EBITDA | $170 million | For the nine months ended September 30, 2025, indicating strong operational performance. |
| Total Stockholders' Equity | $1.2 billion | As of September 30, 2025, reflecting a robust financial position. |
| Median Home Equity Loan Funding Time | 10 days | Reduced from an industry median of 42 days, showcasing efficiency gains. |
| Average Production Cost Per Loan | $730 | For the year ended December 31, 2024, significantly lower than the mortgage industry average of $11,230. |
| Total Value of Transactions | $60 billion | In real-world and digital assets on Provenance Blockchain from late 2018 to October 14, 2025, indicating platform adoption. |
| Real-World Assets Total Value Locked | $13 billion | As of September 30, 2025, demonstrating substantial asset tokenization. |
| Share of Tokenized Private Credit | 75% | As of September 30, 2025, highlighting market dominance in this niche. |
| Net Income (Q3 2025) | $89.58M | Increased 227% from $27.34M in Q3 2024 |
| Total Net Revenue (Q3 2025) | $156.37M | Increased 54.8% from $101.01M in Q3 2024 |
| Ecosystem and Technology Fees (Q3 2025) | $35.69M | Increased 387% from $7.32M in Q3 2024 |
| Cash and Cash Equivalents (Sep 30, 2025) | $1.10B | Increased from $287.26M at Dec 31, 2024 |
| Total Assets (Sep 30, 2025) | $2.16B | Increased from $1.16B at Dec 31, 2024 |
| Total Stockholders' Equity (Sep 30, 2025) | $1.18B | Increased from $363.38M at Dec 31, 2024 |
| Net Income Growth | 227% | Year-over-year growth for Q3 2025 |
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Frequently Asked Questions
What are the latest SEC filings for Figure Technology Solutions, Inc. (FGRS)?
Figure Technology Solutions, Inc. has 10 recent SEC filings from Aug 2025 to Nov 2025, including 5 S-1/A, 2 S-1, 2 8-K. Each filing includes an AI-generated plain-English summary.
What is the overall sentiment of FGRS filings?
Across 10 filings, the sentiment breakdown is: 2 bullish, 4 neutral, 4 mixed. The dominant sentiment is neutral.
Where can I find Figure Technology Solutions, Inc. SEC filings explained simply?
ReadTheFiling provides AI-powered plain-English summaries of all Figure Technology Solutions, Inc. (FGRS) SEC filings, including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, and insider trades.
What are the key financial highlights for Figure Technology Solutions, Inc.?
Key financial highlights from Figure Technology Solutions, Inc.'s most recent 10-Q include metrics such as revenue, net income, EPS, and debt ratios. Visit the filing detail page for the full breakdown.
What is the investment thesis for FGRS?
The investment thesis for FGRS includes bull, base, and bear case scenarios derived from AI analysis of recent SEC filings.
Who are the key executives at Figure Technology Solutions, Inc.?
Key executives identified across Figure Technology Solutions, Inc.'s filings include Michael Tannenbaum, Ronald Chillemi, Michael Cagney, Macrina Kgil.
What are the main risk factors for Figure Technology Solutions, Inc. stock?
Of FGRS's 9 assessed filings, 5 were flagged high-risk, 3 medium-risk, and 1 low-risk.
What are recent predictions and forward guidance from Figure Technology Solutions, Inc.?
Forward guidance and predictions for Figure Technology Solutions, Inc. are extracted from SEC filings as they are enriched.